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New Contributor
Posts: 57
Registered: ‎12-17-2008
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Re: Bank of america CL decline? But Why?

paid my balance in full with boa a month ago got a cld from 51000.00 to 15000.00 when i called to ask why, they gave me another cld to 6700.00

had the card since 1982 never late in 28 years, fico was 775 and 746  will not be seeking any cli from any cards right now ,fico fell 40 points

due to boa actions

Super Contributor
Posts: 5,759
Registered: ‎01-28-2008
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Re: Bank of america CL decline? But Why?

[ Edited ]

jjmcc323 wrote:

paid my balance in full with boa a month ago got a cld from 51000.00 to 15000.00 when i called to ask why, they gave me another cld to 6700.00

had the card since 1982 never late in 28 years, fico was 775 and 746  will not be seeking any cli from any cards right now ,fico fell 40 points

due to boa actions


BOA perhaps thinks you are overextended.  Are you carrying big balance on other cards?  You mentioned a 40 points decrease,so I'm thinking your utilization increased due to the big CLD with BOA. 

Message Edited by DI on 10-14-2009 03:55 PM
Message Edited by DI on 10-14-2009 03:56 PM
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